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RE: Venezuela Will Back Its Cryptocurrency With 5 Billion Barrels Of Oil, Gold Deposits

in #bitcoin6 years ago

The fact that Government is creating cryptocurrency makes it against the crazy crypto boom a bit odd. One of the most attractive characteristics of cryptos is the decentralization, which means they are not regulated by official authorities.

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Funny that the government wants to get rid of the best part!

One of the most attractive characteristics of cryptos is the decentralization, which means they are not regulated by official authorities.

A point completely lost on the authorities.

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